Taxes will increase, spending will go down.
That was always going to happen, whoever won the election. No doubt the Labour camp on here will tell us all how awful the Tories are, and how we're going back to the 80s and all the usual stuff.
People had it way too good for way too long, and it's caught up with them at last. We might not like it, but that's the facts. We won't get rid of the defecit without some pain.
It's about time that middle-income Britain woke up to the fact that it isn't normality for them to all have a brand new car every three years, a 50" plasma TV, a holiday abroad every year and still claim a load of tax credits and benefit.